Sslee Honesty and integrity is not only not cheating people but also not allowing yourself and others to be cheated. 26/02/2021 1:37 PM
Scenery, Anythings wrong with above statement? And anythings wrong I warned people PA is Pump and Dump base on Fundamental analysis of Fact and Figure in the Financial report and the conduct of insiders continue selling?
“The only thing necessary for the triumph of evil is for good men to do nothing.”― Edmund Burke
@scenery, How about above statement? What did Edmund Burke implied?
By the way I did not implied "ignorant ppl are dishonest with no integrity" I only want good people to do more so that ignorant people will not get cheated.
Hence I give all the Fact and Figure of PA and if still people fall for Mike con job, what can I do?
why didnt u stop calvin from hard selling PN17 counters, scomi n scomies. Why didnt U condemn him in recent pump n dump. why didnt U stop him from lying for 1 whole yr about NFCP in Netx. So U are not good man loh.. haha
Mike just share what he knows about PA, he didnt hard sell with lies n he didnt go to other forums to ask ppl to sell their shares there to buy PA. He could have made mistakes sometime but U cant say he is dishonest; n if he had conducted pump n dump, he would have sold all his shares by now.
Whoever want to buy this counter has to do their own homework.
I can only encourage and hope those wrote shares recommendation to at least attend the AGM and verify what they write are truth with the Board. And hold the Board accountable and responsible.
By the way have you attend any AGM with prepared questions?
I do not know who is alibaba. I remember seeing Mike wrote about alibaba thus I use it to imply Mike is a better com man than ular, alibaba or calvin combine.
Haha, it is useless to ask questions in AGM n get whatever answer they want u to believe; n also u cant get them to be responsible for what they said.
It is not surprising lawyer lies for whoever can pay them most, regardless of which side they represent. Disciplinary board is doing routine work of asking them to reply your complain, n close the case asking U to go to high court to sue the DB if U are not satisfied with their decision. haha
Those ppl go to Netx' EGM, the Management told them there would not have shares consolidation last yr; but 2, 3 mnths later, they announcement shares consolidation 25:1, instantly caused blood shed, why didnt U stop Calvin to continue hard sell, asking ppl to buy RI?
Ok, Whoever alibaba is please accept my sincere apology.
By the way insist the Board publish the AGM key matters discussed on the company website and hold them responsible and accountable on what are recorded in the key matters discussed
Sslee, dont just talk U go ahead show us how u can asked Netx Management to be responsible for lying about no shares consolidation first, see what U ended up..
@scenery, Many years back in one of the join meeting with SC and Bursa I told them I need to use: Company Act 2016 to force company secretary to send me a copy of AGM minutes. I am glad later on SC and Bursa come out with the guildline on AGM.
By the way I was never a shareholder of Netx. Every minority shareholders should know their rights.
Inspection of records of resolutions and meetings
Section 342:
(4) Any member shall be entitled to be furnished with a copy of any minutes specified under section 341 within fourteen days after he has made a request in writing to the company at a charge not exceeding two ringgit for every one hundred words.
(5) The company and every officer who contravene this section commit an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit and, in the case of a continuing offence, to a further fine of five hundred ringgit for each day during which the offence continues after conviction.
Records of resolutions and meetings
341. (1) Every company shall keep records comprising—
(a) all resolutions of members passed otherwise than at the meeting of members; ,(b) minutes of all proceedings of meetings of members; and (c) details provided to the company in accordance with section 344.
Sslee, U still dont get me, with the AGM minutes U still cant do anything, the company can just give any reason for lying, n Bursa n SC would have accepted without doing anything, try to make a complain to them n see what happen.. haha
Sslee, if U care about ppl being cheated; Y dont U gather all information of all the penny stocks that has been continuously printing shares with PP n ESOS; then cash out to the market with 10% gain by the management. Most these co. later shares consolidation n RI causes heavy losses to retailers.
Those are lost making companies living on those money to survive yr in yr out; they changes their names very often to prevent public to spot them n avoid them.
Just write a petition to Bursa n SC asking them to check n stop such unfair rules n regulations that allow them to swallow all small investor's money.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mikecyc
46,860 posts
Posted by Mikecyc > 2021-03-26 09:54 |
Post removed.Why?